Wednesday, October 17, 2007

Business Cycles

Time is based on persistence. There was a previous cycle of dot-com companies. It ended with a few winners taking all, maybe I can mention Yahoo, Google, but not AOL. I put money on AOL, I couldn't keep it there, but recently AOL announced that their business model will change. Now I do not pay them for my e-mail account.

Now we are entering a second cycle, Web 2.0, I think that the companies that survived are going to do well; I also hope that some new companies grow now.

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